Moody’s: Banking sector weak, expecting growth of 3.8pc this year

FISCAL policy is being loosed “significantly” by the Government meaning debt will probably fall at a slower pace than expected, Moody’s has warned. The credit ratings giant said the economy was recovering at a reasonably strong rate, but constraints include the high levels of public debt and weaknesses in the banking sector. It warned that … Continue reading Moody’s: Banking sector weak, expecting growth of 3.8pc this year